Nigeria’s GDP to rise 4.2% in 2022 – Official The federal government has projected Nigeria’s Gross Domestic Product (GDP) to grow by 4.2 per...
Coronation Merchant Bank lists N25bn bond on NGX The Nigerian Exchange Limited said on Thursday that Coronation Merchant Bank Funding SPV Plc listed Series...
Petrol subsidy could gulp N900bn in 2022, says minister The Minister of Finance, Budget and National Planning, Zainab Ahmed has disclosed that the government...
Debt servicing gulps N1.8trn in 5 months – FG The Federal Government says it has spent N1.8 trillion to service debt between January and...
Foreign reserves shed $2.3bn in H1 amid rising oil price The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s foreign reserves dropped by...
Equities market sees marginal loss as 14 firms record losses The All-Share Index (ASI) of the Nigerian Exchange Limited fell by 0.02 per cent...
SEC approves 7 derivatives contracts ahead of NGX’s ETDs market launch Nigerian Exchange Limited (NGX) has received approval for seven derivatives contracts from the...
BREAKING: Senate passes PIB, uproar in Senate over host communities fund There was uproar in the Senate Thursday during the consideration of the Joint Committee...
Bitcoin will plunge to $25,000, says JPMorgan JPMorgan Chase’s analysts have said that bitcoin price will decline to the $25,000 level before longer momentum...
Electricity subsidy gulps N30bn per month, says FG The amount spent on subsidising electricity every month in Nigeria is now about N30 billion, the...
Why we’re borrowing to buy 20% stake in Dangote Refinery – FG The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam...
Minister says petrol should sell above N280/litre The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said the...
Crude Oil Nears $77 to Hit Three-year Level The price of crude oil continued its rally yesterday with Brent, Nigeria’s oil benchmark, nearing $77,...
NGX lists Guaranty Trust Holding Company shares on trading platform The Nigerian Exchange Group Plc (NGX Group) has listed Guaranty Trust Holding Company Plc...
Nigerian exporters may lose $34bn earnings if carbon target is not met A new study by Standard Chartered has said Nigeria risks losing $34.3bn...
NGX rebrands market indices Nigerian Exchange Limited (NGX) has announced the rebranding of all its existing indices by changing the prefix from NSE to NGX....
Mass metering first phase to gulp N60bn, says FG The Central Bank of Nigeria (CBN) is providing N60 billion for one million electricity...
Manufacturing sector recorded marginal uptick in April – CBN report The manufacturing sector recorded marginal growth as the Purchasing Managers’ Index (CPI) rose to...
Unlisted securities market yields N6.2bn gains The NASD Over-the-Counter (OTC) Securities Exchange closed the week with a positive return on the NASD Share Index...
Foreign investors reduce withdrawal from capital market to N15.9bn in five months Foreign investors participating in the Nigerian capital market have ejected at least...